> "Immobilizers are most often seen in cases of sub-prime borrowers with questionable credit," he said. "The devices are very effective at keeping people on time with their payments."
John Oliver did a whole segment on these scummy dealerships, unloading shitty cars at massive markups deliberately (and not even hiding that they are) targeting borrowers who will probably default, so they can repo the car and resell it to some other poor person.
None of this is illegal (except in this case obviously) but it still feels like something that should be illegal, amazes me we're so poor at going after what's obviously a predatory business practice.
John Oliver did a whole segment on these scummy dealerships, unloading shitty cars at massive markups deliberately (and not even hiding that they are) targeting borrowers who will probably default, so they can repo the car and resell it to some other poor person.
None of this is illegal (except in this case obviously) but it still feels like something that should be illegal, amazes me we're so poor at going after what's obviously a predatory business practice.